Comments on: THE RINGGIT AND THE DOLLAR

By: World economy in mysob point of view by MySimpleOnlineBusiness.com

Thu, 06 Oct 2011 05:39:55 +0000

[...] before I close this topic, read this good article, about “The Ringgit and The Dollar” by our former premier, Tun Dr. Mahathir Mohamad. So guys, we need to be strong in order to [...]

By: Ainaq

Ainaq — Thu, 25 Aug 2011 14:57:05 +0000

Now Arab World is rebellious mood. Recent history has shown that in 1916 they rebelled against the Othmaniah Caliphate who under pressure of modernization. Arab preferred traditionalism as the cannot grapse what is like to move into industrialization age.They replaced governors by their own kings who never united otherwise would have been United State of Arabia: Arab tribal tradition probably the obstacle.In 1950s younger generation of Nasser Era see Arab not United and not progress so the rebel overthrow most Arab Kings adopt socialism but fail to form United State of Arabia in fact they entangle in Arab War in Yemen,Iraq,Sudanm,Somalia and of course Afghanistan in 2010 a new wave of revolution beginning in Tunisia,Egypt,Syria and Libya. While Rebel in Tunisia,Egypt and Syria probably as result socio economic parity as result of the failure of the so call Republican to bring economic growth and prosperity seemingly but Libya with oil wealth like Iraq and Saudi is hard to understand until NATO show their hands.
It is clear now who instigated started internet and facebook revolution. The invisble hands.
While waring Arab is good market for weapon post Afghanistan War there is no more substantial purchase of weapon between 2001 to 2010. For these reason US economy and European Economy is dwindling…and USD depreciating!!!
For past 50 years US Strategy was selling arm for oil.It work for 50 years.
Before they get virtually free oil compare to exchange of obsolete weapons. That what happening for 50 years when Arab and Middle East entangle themselves in Wars. In 1960 oil was USD2 /per barrel in exchange for Second World war armament!!! This continuous until invasion of Iraq. so the strategy of weapon for oil had work for 50 years. That the reason they are starting again in Libya and other Arab states. With the fall of Gadafi the new regime still have to pay for their weapon loan and rearmament.

By: wanmohdshahrulnizam

wanmohdshahrulnizam — Fri, 05 Aug 2011 06:47:39 +0000

Dear Tun, wish you are happy and healthy with Tun Siti Hasmah

It’s very difficult for me and I believe other people out there to really understand what was actually happened back in 1997-1998 crisis. Thanks to newly lunch book “The Notes to Prime Minister” by Wong Sulong. As much as the notes exposed and explained to you the event in the financial and currency market, the same goes to me personally.
We endured perhaps the most difficult period in our modern history, yet with your wisdom, you steered Malaysia out of trouble.
Wish Tan Sri Nor Mohamed Yakcop a healthy life as well. I believe Malaysia will still need his wisdom.

By: Nikmat

Nikmat — Sun, 24 Jul 2011 14:07:16 +0000

Assalamu’alaikum wr wb
Tuan Guru Dr Mahathir yg di rahmati ALLAH,

1. Sekiranya rakyat Msia menyokong penuh usaha bertanggungjawab Tuan Guru Dr Mahathir semasa menjadi PM dahulu, Insya Allah akan lebih bahagia, lebih maju dan lebih sejahteralah rakyat dan negara Msia.

2. Tetapi apabila Tuan Guru Dr Mahathir sudah bersara menjadi PM, ada pula skrg rakyat nak bersetuju dgn usaha bertanggungjawab Tn Guru Dr Mahathir.

3. Wahai saudara2 ku se Msia, tidak rugi menyokong kesinambungan Tn Guru Dr Mahathir…….. takbir!……. Allahu Akbar

By: Abu Hanifah

Abu Hanifah — Sun, 24 Jul 2011 08:12:18 +0000

Salam Tn Guru Dr Mahathir (TGDrM)
Smoga di Rahmati Allah

Kenyataan Tun supaya penggunaan kembali emas untuk transaksi jual-beli 100% berkaitan dengan ayat Al-Quran , surah Aali Imran , ayat 14 yang berbunyi ”
زين للناس حب الشهوات من النساء والبنين والقناطير المقنطرة من الذهب والفضة والخيل المسوّمة والأنعام زوالحرث

Tetapi realisasi penggunaannya di dalam negara kita perlu kepada pindaan Akta Bank Negara 701 , akta 701 Bahagian VIII , Seksyen 63 menyatakan ” hanya mata wang kertas dan syiling yang dikeluarkan oleh Bank adalah sah diperlakukan di Malaysia . Akta ini menyebabkan emas hanya bertindak sebagai asset simpanan bank besar , barangan hiasan wanita serta aplikasi industri elekronik sahaja , bukan lagi sebagai wang . Emas adalah wang sepanjang sejarah tamadun manusia . Bukankah dengan membatalkan akta ini boleh menguntungkan pihak kerajaan ? Rakyat boleh membayar cukai dan melangsaikan hutang bank mereka dengan emas atau perak . Pasaran emas dan perak sejak 10 tahun lepas menunjukkan peningkatan harga akibat ketidakyakinan masyarakat antarabangsa dengan matawang USD .

By: Nikmat

Nikmat — Sun, 17 Jul 2011 15:21:15 +0000

Salam Tn Guru Dr Mahathir (TGDrM)
Smoga di Rahmati Allah.

Sementara ramai rakyat Msia sedang sejahtera menikmati hasil usaha TGDrM yg disambung pula skrg oleh Dato Seri Najib, masih ada pula segelintir yg terkial-kial dgn teknologi canggih….., itu tak betul, ini tak betul, itu tak boleh, ini tak boleh….kesiannya

Jazakallah Tuan Guru Dr Mahathir

By: Ainaq

Ainaq — Fri, 08 Jul 2011 15:39:06 +0000

Ringgit and Dollar are just paper temperory tool for exchange. No intrisic value but convention of madness. So it esier even for peragut to ragut these paper rather stealing computer of more bulky things.Value of things is products and technology or resources. Money is just paper guranteed by goverments. If goverment Bankrupt money is just bounce check.

Exchange rate changes with the rule of the game and how people throw their cards. Asia Economic Crisis has shown this. Ringgit slide down for no valid reason!!!

Real value is Land,Petrolium,Oil Palm,Rubber,Services and product from craftmanships : vangkul,parang,handphone ,computer,TV etc. There are use ful.
Land and Petrolium cannot be reproduce – they are geological product just like gold.
Oil palm and rubber are just wate+air+sunlight+16 minerals(geological-thus limit). so we can reproduce for 1000 years while petrolium last unly 100 years: so 1960 2US/barrel – 2011 120US /barrel.
Salary in 1918- Pengulu RM10 ringgit / month in 2011 RM 1200/month- 100 fold. You can buy just same amount of product but not the same tract of land!!!
So camodity and property market is wiseman emphasis.

By: non-jibaok

non-jibaok — Tue, 24 May 2011 08:23:24 +0000

YABhg. Tun Dr., Please watch & listen to this famous Talk-Show (Glenn Beck) that was aired recently (March 2011) over national USA television, as below:- 1) http://www.youtube.com/watch?v=SfRIspYsGJk&feature=related 2) http://www.youtube.com/watch?v=fXdpWtKUWAM&feature=related 3) http://www.youtube.com/watch?v=SPMZm9vqD10&feature=related However, after this glaring and courages exposure of The US Federal Reserve scam by the host of show (Glenn Beck) over US national TV, had cost him his career when he was ultimately reprimanded and his show was wrapped-up by the so-called âcontrolledâ US mainstream-media, as reported below:- 1) http://www.theroot.com/buzz/glenn-becks-fox-show-wrap It is time that the common masses wake up and stand-up to be counted and do something it, to face-up with all the nonsense that is going around in this world today. No more complacency and 'canât be bothered' attitude should be tolerated if we are to save the world from the grip of those evil puppet-masters that control our very livesâ¦, in terms of the world economy. It's time to wake up and smell the coffeeâ¦.., and do something about it...! ------- YABhg., P.S. > Please do something about your website. There are so many item that is not legible to the disadvantage of the viewers and readers. Many will be discouraged and shy away from this site if the attack on your site (by the so-called âmalwareâ) is not overcome. All the best to you...., Sir. Wassalam.

By: KijangEmas

KijangEmas — Tue, 24 May 2011 01:36:54 +0000

Dear Tun,
May you be in good health.
It has been 10 years since the dinar and the kijang emas were brought up. Until now they just merely act as an another gold investment,much like jewelery. To be bought, displayed and then stored. If the need arises it can be pawned.
Why is it so difficult to apply them as real money. Real good money, at least domestically. As another denomination ie. 1 oz Kijang emas pegged at RM 5000 (as off 1/4/2011 till 30/9/2011), 1/2 oz at RM 2500, 1/4 oz at RM 1250. Pegging revision to be done, say every 6 months.
If both dinar/kijang emas are really that good intrinsically, why the implementation really take a very long time. If only we have been using it for 10 years…..or we are just the same?
Best Regards

By: Idea

Idea — Mon, 23 May 2011 01:35:00 +0000

Dear Tun,
May you recover soon and be in good health.
1. Speculators will be among the happiest people when Malaysian money market is liberalized again.
2. Just like property traders, using the cash they have will not be enough. To get huge profits, literally overnight, they borrow money from the banks.
3. The banks, at the same time, get more businesses by lending money. This is why the banks are more inclined to support the liberalization move.
4. The two parties claim that their activities will contribute to the economy. The more liberal the market is, the more transactions they will do. Thus, the more growth there will be.
5. Outweighing that benefit, liberalizing money market will put Malaysia in a very risky situation.
6. Malaysians, in general, are debt-ridden. They buy goods, in particular motor vehicles and houses, through loans. What worse is the prices of both motor vehicles and houses are unreasonably high. So, the loans also become irrationally huge. Due to their limited income, most Malaysians take many years to settle their loans.
7. Malaysians have been living on an artificial buying power. They, in fact, have no real power to spend. They are very dependant on bank loans. Without bank loans, they could not purchase cars and houses which are considered necessities these days.
8. If something happens to the banking sector, motor vehicle industry and housing industry will be greatly affected. The fall of these two industries will produce a contagion effect that subsequently will paralyze the economy.
9. In 1997-98, we witnessed how the manipulation of money market has caused a remarkably unpleasant financial crisis. The banks were in terrible state and had to be merged.
10. The government is seeking ways to achieve high growth rate. They want to make us a high income nation in less-than-a-decade time. However, liberalizing the money market is not a good shortcut.
High Income and Purchasing Power
11. We may be a high income nation but we may not necessarily be a nation with high purchasing power. If most of our income goes to serving the loans, we simply have nothing much to spend. Being a high income nation does not mean being able to spend more.
12. Besides pursuing a high income status, the government should also focus on increasing the market purchasing power.
13. Two avenues are decreasing the car prices and regulating the excessive increase of property prices. If these two prices are low, the amount of loans will also be low. Malaysians will have more money to spend.
14. But some parties especially the industry players will make objections. The government will have to make the call; a move that they have been hesitant to do in a number of recent situations.